On Monday, June 22, 2026, British company NP Aerospace, a leading global manufacturer of armor technologies and vehicle integrator, announced the signing of a definitive agreement to acquire Iten Defense, an American specialist supplier of advanced ballistic protection solutions, from Edgewater Capital Partners and other minority shareholders.
Left: James Kempston of NP Aerospace. Right: Damon Walsh of Iten Defense / Photo and graphic: NP Aerospace
The acquisition will strengthen NP Aerospace’s and Iten’s combined technology portfolio in the area of armored vehicle crew protection and survivability, enhancing their capabilities to support military and security sector customers with mission-critical armor solutions in global markets.
“This is an important strategic step for NP Aerospace as we continue to invest in advanced protection technologies and expand our capabilities for customers worldwide,” said James Kempston, Chief Executive Officer of NP Aerospace. “Iten Defense brings strong technical expertise, manufacturing capacity, and complementary capabilities, and we look forward to working with the team following completion.”
“In close partnership with Iten’s management team, we’ve transformed the business over the past few years through a series of strategic initiatives and investments in expanded capabilities. We are confident that the combination with NP Aerospace will further accelerate Iten’s growth as a leader in advanced protection solutions,” said Pete Ostergard, Managing Partner of Edgewater Capital.

Iten Defense CEO, Damon Walsh, commented: “This is great news for Iten and, more importantly, for our customers. As a larger global enterprise with combined engineering and technical know-how, we will be well placed to respond to today’s increasingly complex defense requirements at a pace to best serve our customers’ needs.”
Until the transaction is finalized, NP Aerospace and Iten Defense will continue to operate as independent companies. The closing of the transaction remains subject to customary closing conditions, including the receipt of certain governmental and regulatory approvals. The transaction will be finalized promptly upon the satisfaction of these conditions. Further details of the transaction have not been disclosed.
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